+39% above market
median 996 €/m² for comparable properties
83,000 € 1,383 €/m²
Rent covers ~ 142% of the payment
~ 522 €/mo rent · pays for itself in ~ 13 yrs
Sale184,000 €2,044 €/m²
Expected rent522 € /mo
~94,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Alen mak (13 properties)
Area
90 m²
Floor
2 / 5
Construction
Brick
Year
2008
Yield analysis
Low investment rating
Monthly payment816 €20% down payment · 20 yrs · 3%
Expected rent522 €at market conditions for the neighbourhood
The rent covers 64% of the payment — you top up about 294 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 94,500 € above the typical price (the median) for 3-room apartments in Alen mak (13 properties) — 2,044 €/m² against 996 €/m².
Apartment with three rooms in the district of Alen Mak, city of Blagoevgrad.
The layout includes a corridor, living room with kitchenette, two bedrooms, bathroom with toilet and three terraces, providing good functionality and the possibility for separate zones.
The property was built in 2008 with brick construction, features internal and external insulation, aluminum blinds, electric heating with an option for gas, as well as two air conditioners.
It is located on the second floor of a five-storey building in an urbanized area with access to a parking space.
Suitable for family use with a balanced combination of convenience and functionality.
With 20% down over 20 years the monthly mortgage payment is about 816 €, against an expected local rent of 522 €. The rent covers 64% of it.
Pros and cons
AI summaryPros
- functional layout
- three terraces
- parking space
- quality materials
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Questions for the viewing
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What feedback have previous viewers given?
Because: We have been tracking this listing for about 254 days.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- living room
- bedroom
- bedroom
- bathroom
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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Rent covers ~ 80% of the payment
~ 522 €/mo rent · you top up ~ 128 €/mo
At market level
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At market level
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At market level
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